Finance & Investing | Debt | Capital Markets
Kosmos Energy Looks to Launch $600MM Debt Offering
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Kosmos Energy Ltd. intends to offer $600 million aggregate principal amount of senior notes due 2026.
The net proceeds from the offering will be used to fund the redemption of all of its outstanding 7.875% Senior Secured Notes due 2021, of which there is $525,000,000 aggregate principal amount outstanding, to repay a portion of the outstanding indebtedness under its revolving credit facility and to pay fees and expenses related to the redemption, repayment and the offering.
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